Volkswagen AG is exploring plans to produce cars in Egypt as part of a broader strategy to expand across African markets while scaling back operations in Europe.
Updated 6/4/2025 7:51:00 AM
The General Authority for the Suez Canal Economic Zone (SCZone), the Sovereign Fund of Egypt (TSFE), the East Port Said Development Company, and Volkswagen Africa have inked an agreement to conduct a feasibility study for automotive manufacturing in East Port Said.
Updated 7/1/2024 12:07:00 PMEgypt has signed an agreement with the car manufacturer Volkswagen Africa to prepare a feasibility study for the establishment of the East Port Said Automotive Zone (EPAZ).
Updated 11/13/2023 7:28:00 AM